Kukla's Korner Hockey
by Paul on 12/12/05 at 11:51 AM ET
That sound you hear is a collective sigh of relief from at least a dozen National Hockey League general managers. Because of stronger-than-expected revenue from broadcasting and good planning in basing the $39-million cap on a conservative revenue forecast, there will be good news delivered to the NHL governors at their two-day meetings this week in Scottsdale, Ariz. The Devils were one of three teams over the cap when the season started. They led the parade at $43-million, with the Detroit Red Wings at $40.8-million and the Atlanta Thrashers at $40.7-million. Under the new collective labour agreement, it is where a club finishes the season in respect to the cap that matters, not where it started. Thanks to a trade and a demotion, Lamoriello is just under the cap now, but he has a problem looming when forward Patrick Elias and his $4.1-million salary are cleared to play. However, Lamoriello may get a break there, as Elias is now thought to have an abdominal tear on top of his recovery from hepatitis, which could push his return back to the end of January.more
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About Kukla's Korner Hockey
Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
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